GeneralCounsel
Latest
Two Apple officials cash in some stock
Just in time to purchase a new yacht or luxury home for the holidays, a pair of Apple officials just sold some of their company stock in exchange for cold, hard cash. According to SEC filings released by the company, Apple general counsel Bruce Sewell sold 2,438 shares of AAPL at about US$549 and another 2,700 shares for about $550 per share. The sale of shares last Thursday netted Sewell about $2.8 million. Sewell had also sold 5,137 shares of AAPL stock on November 1, pulling in more than $3 million. Apple Chairman of the Board Arthur Levinson also sold shares last Thursday. He let go of 7,500 shares valued at $560.65 for a payday of $4.2 million. Why are they selling some of their shares? Who knows. It could be to avoid paying taxes at an expected higher rate in 2013, or they might just need the cash to buy some holiday gifts.
Carrier IQ hires former Verizon privacy counsel Magnolia Mobley as Chief Privacy Officer
It's been several months since Carrier IQ explained its data collection practices and responded to FCC and Senatorial inquiry about its privacy policies. Despite the fact that it's no longer in the headlines, Carrier IQ's still intent on improving how it handles consumer info. That's why the firm has hired Magnolia Mobley away from Verizon (who eschewed Carrier IQ's services in favor of its own Remote Diagnostics tool), where she was Big Red's Chief Privacy Counsel. Ms. Mobely will be Carrier IQ's General Counsel and Chief Privacy Officer and she's expected to help the company focus on preserving consumer privacy. You can read up on her credentials further in the PR after the break.
